Operations

Xtract Resources Plc is establishing itself as a key player in the copper discovery arena. Focussed on growth in the green energy transition, the company is dedicated to the development of essential battery metal resources, particularly copper, whilst upholding its commitment to ethical and sustainable growth.

Strategically located within a highly prospective land package, Xtract Resources Plc joins many of the world’s top tier mining companies in the emerging Western Foreland district of Northwestern Zambia.

Recent discoveries and ongoing exploration efforts suggest significant potential for new, world-class copper finds, making the Western Foreland District a strategic frontier for future mining developments.

In Central Zambia, Xtract Resources Plc has formed a Joint Venture position at the historic Silverking Mine, which is considered highly prospective for Iron Oxide Copper Gold (IOCG) deposits associated with breccia-controlled copper mineralisation already identified on the property.

In Australia, Xtract Resources Plc holds a 100% interest in the Bushranger copper-gold project, in the Lachlan Fold Belt, New South Wales. The project contains two porphyry deposits with 2022 JORC (2012) compliant combined total resources of 599Mt @ 0.22% CuEq, including a shallower high-grade zone at the Racecourse prospect hosting a total of 191Mt @ 0.33% CuEq.

The Zambian Western Foreland continues to be a strong focus for the international mining industry, and we are pleased to have gained such a highly prospective position in the belt. We will keep investors appraised of the results of our field work as it progresses.

Colin Bird, CEO, Xtract Resources, 2024

Western Foreland

Copper Project

Western Foreland

The Western Foreland project encompasses highly prospective land in Northwest Zambia, where the westerly extension to the Central African Copperbelt has attracted many of the world’s leading mining companies to explore for potential Tier 1 copper deposits.

Silverking Mine

Copper-Gold Project

Silverking

Xtract Resources PLC has formed a Joint Venture position at the historic Silverking Mine, which is considered highly prospective for Iron Oxide Copper Gold (IOCG) deposits associated with breccia-controlled copper mineralisation already identified on the property.

Bushranger

Copper-Gold Project

Bushranger Ascot Drill Samples

In Australia, Xtract Resources PLC holds a 100% interest in the Bushranger copper-gold project, in the Lachlan Fold Belt, New South Wales. The project contains two porphyry deposits with 2022 JORC (2012) compliant combined total resources of 599Mt @ 0.22% CuEq, including a shallower high-grade zone at the Racecourse prospect hosting a total of 191Mt @ 0.33% CuEq.

Kakuyu

Copper project

Kakuyu

The Kakuyu Project is located approximately 53km north-west of the town of Mumbwa, Central Province of Zambia. The project is covered by two mineral licences, one small scale mining licence (“SML”) 29805-HQ-SML issued to Kakuyu Mining Limited (“KML”) and covers an area of 201.78 hectares, and a second adjoining SML of similar size which is under application by KML.

Chilibwe Copper Project

Copper Project

On 10 October 2024 Xtract entered into an exclusive collaboration agreement with Chilibwe Mining Limited (Chilibwe) in relation to large scale exploration licence 22118-HQ-LEL for a period of 24 months. The Agreement allows Xtract to further its exploration and development strategy, without any funding commitment, under terms of the agreement, Xtract will obtain funding and assist in management of exploration with a view to advancing the project towards application of a mining licence.